News

Jul 10, 2023
Fluor has announced it has signed memorandum of understanding (MOU) carbon dioxide mineral storage operator, Carbfix. The MoU is to pursue integrated carbon capture and storage (CCS) solutions. Together, the companies look to minimise the impacts of climate change by helping to decarbonise hard-to-abate industries with high greenhouse gas emissions, such as steel, aluminium and cement. The MOU…
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Jul 10, 2023
Iraq and French oil major TotalEnergies have signed a long-delayed $27 billion (€24.6 billion) energy deal that aims to increase oil production and boost the country's capacity to produce energy with four oil, gas and renewables projects.  Read more: Terms agreed in April  The Gas Growth Integrated Project (GGIP) aims to improve Iraq's electricity supply. This includes recovering flared…
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Jul 10, 2023
Downstream energy company, Essar Oil UK has announced that it has signed an agreement with storer of refined petroleum products Oikos Storage, Canvey Island, UK. Under the agreement, Essar will store and distribute middle distillate fuels at Oikos’ Canvey Island facility to serve the Thames region. The agreement will also leverage Oikos’ connectivity to the United Kingdom Oil Pipeline (UKOP)…
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Jul 10, 2023
Arabian Chemical Terminals Abu Dhabi (ACTAD) has announced the opening of its greenfield tank terminal and distribution facility at Khalifa Port, Abu Dhabi. The announcement marks a milestone in ACTAD’s greenfield journey, as it expands its capabilities and strengthens its position as a forward-thinking leader in the petrochemical industry. Located in one of the world's most strategic…
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Jul 7, 2023
Coastal GasLink pipeline (TC Energy natural gas pipeline) which is under construction in British Columbia, Canada, has announced 90% completion. Bevin Wirzba, Coastal GasLink president says: ‘It is exciting to see the tremendous progress that has been made this year. When building this extremely complex and critical infrastructure, each percentage represents a hard-fought achievement…As we…
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Jul 7, 2023
BP has announced a $10 million (€9.1 million) investment with low carbon fuel producer, WasteFuel. The investment is for the planning to develop a global network of plants to convert municipal and agricultural waste into bio-methanol. This biofuel could play a significant role in decarbonising hard-to-abate sectors like shipping. The investment allows WasteFuel to advance its plans to develop…
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Jul 6, 2023
Honeywell has announced that BP has selected its ecofining technology to help support the production of sustainable aviation fuel (SAF) at five BP facilities across the globe. The technology will be installed at the following BP sites: Cherry Point refinery in Blaine, Washington Rotterdam II refinery in Rotterdam, Netherlands  Lingen refinery in Lower Saxony, Germany Castellón de la…
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Jul 6, 2023
Exolum has begun operating the fuel storage terminal located at Lisbon’s Humberto Delgado airport, Portugal. Exolum was the successful bidder of a tender process organised by ANA - Aeroportos de Portugal VINCI Airports. The company will manage and maintain the fuel storage terminal and the hydrant network. The agreement also covers the improvement to existing infrastructure, which must allow…
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Jul 6, 2023
Clean energy solutions provider Gentari has signed a memorandum of understanding (MoU) with Singaporean conglomerate, Keppel’s infrastructure division. Through the MoU, the parties are looking to unlock synergies in renewable and low-carbon energy projects. Sushil Purohit, CEO of Gentari says: ‘We are excited to collaborate with Keppel via this MoU, as it represents a significant step in…
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Jul 5, 2023
Aramco has awarded Technip Energies the project management consultancy (PMC) contract to develop the master plan for Ras Al Khair, a new industrial city in the Eastern Province of Saudi Arabia. The city is set to house an unprecedented collection of low-carbon investments as part of Saudi Arabia's Vision 2030. The master plan will comprise various studies, including: Optimum land use Site…
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Jul 4, 2023
ADNOC Gas has announced the award of $1.34 billion (€1.25 billion) in contracts to Petrofac Emirates and the consortium between National Petroleum Construction, PJSC and C.A.T International for the expansion of its natural gas pipeline network. [caption id="attachment_25817" align="alignleft" width="300"] Image: Danil Sorokin/Unsplash[/caption] Under the sales gas pipeline network enhancement…
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Jul 4, 2023
Spanish multinational oil and gas company, Cespa has announced that Cepsa Quimica are going to build the world's most competitive and environmentally-friendly plant for the production of isopropyl alcohol (IPA). This will provide Cespa with the capability to offer sustainable IPA to its customers from renewable or circular raw materials. IPA is used across a wide range of sectors including…
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Jul 3, 2023
Tank Storage Magazine’s marketing executive, Shannon Maguire, shares her key takeaways from the PGLC conference The Petrochemical Global Logistics Convention (PGLC), jointly presented by UMF Marseille and Tankbank Singapore, recently took place in Marseille, France, on 22-23 June 2023. Set against the backdrop of the historic Marseille Chamber of Commerce Building, the convention hosted…
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Jul 3, 2023
Mormugao Port Authority (MPA) has put two parcels of land up for auction in India, for bulk liquid cargo terminals. A total of 5,067 m2 of land is being auctioned off. Terminals can be built and operated for five years. A 1,176 m2 parcel of land near the coal dumps has been identified as a potential location for a bulk liquid terminal. There are two existing bulk liquid storage tanks with a…
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Jul 3, 2023
Technip Energies has announced the acquisition of Processium, an expert company in process development, equipped with laboratory and piloting facilities located in Lyon, France. Processium is an industrial development partner designing and developing next-generation processes to support the energy transition and enhance manufacturing competitiveness in the field of sustainable…
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Jul 3, 2023
Mabanaft has expanded its storage footprint into Denmark by acquiring 100% of Oiltanking's terminal in the capital, Copenhagen. Under Mabanaft’s ownership, the terminal will continue to handle liquid fuels for road transport and the marine and aviation industries. 'Oiltanking has been operating in Copenhagen for over 50 years and we are proud of the contribution we have made to the energy…
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https://vimeo.com/manage/videos/832205797Journalist Molly Cooper attends World Hydrogen Summit 2023 in Rotterdam, Netherlands. Watch her quick round-up and chats with speakers and exhibitors. /*! elementor - v3.14.0 - 26-06-2023 */ .elementor-heading-title{padding:0;margin:0;line-height:1}.elementor-widget-heading…
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Jun 30, 2023
Chemical producer BASF and planning, procurement, construction and servicing of chemical plants company,  thyssenkrupp Uhde has announced their cooperation in the marketing, development and process design for thyssenkrupp Uhde’s leading EnviNOx technology. BASF will supply its high-performance catalysts to thyssenkrupp Uhde, enabling their customers to reduce greenhouse gas emissions more…
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Jun 30, 2023
China's Sinopec has begun producing green hydrogen at a plant in the western region of Xinjiang. Sinopec's first green hydrogen facility has the capacity to produce 20,000 tonnes of hydrogen a year, using solar power to electrolyse water. It can also store 210,000 m³ of hydrogen and transmit 28,000 m³ per hour. The plant, in Kuqa city in Xinjiang, is China's first solar green hydrogen…
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Jun 30, 2023
Following further engineering work and investment, Centrica has announced it is increasing gas storage capacity at Rough, the UK’s largest gas storage facility. Further investment means Rough will now be able to store up to 1.5 billion m³ of gas, boosting the UK’s energy resilience for the coming winter. This increase would provide the equivalent volume of gas to heat 2.4 m homes over…
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